Don't follow emerging market EFT's, but they are most likely good shorting opportunities going into 1Q.

I like the financial EFT's since they can be volitile and hence quickly profitable.. Daytraders never hold FAZ as a long anymore; the thinking is shorting is passe' for the moment, that is, until all the taxpayer money proping up the economy is gone. Mar 25 Nov. calls for FAZ went up 700% from Fri to Wed on the pullback in financials, due to short covering of the short EFT. The options for EFT's are great plays for these violent swings..

SRS is extremly cheap historically at the moment; but the '10 call premiums are expensive because of the much anticipated collapse of commercial loans...In fact, another calamaty (or two) along the lines of Bear or Lehman would not suprise anyone..Just who is the question: BAC JPM GE...??

We'll wait until after bonuses are paid, of course.